You received this email because another broker has changed your client ID status from Active to Inactive or Closed. This change automatically delinks your Unique Client Code (UCC) from your Zerodha demat account. You can ignore this email as it does not affect your trading activity with Zerodha.
Understanding UCC mapping
SEBI mandates that brokers map your Unique Client Code (UCC) with your demat account number (BO ID) to establish systematic checks. This requirement ensures that shares you sell are debited from your account and shares you purchase are credited to your account.
The system maps your UCC with:
- Your Zerodha demat account number
- Zerodha's trading member ID with the exchange
- Zerodha's clearing member ID with the clearing corporation
- Account segments you have enabled (NSE, BSE, NFO, CDS, etc.)
When you open a Zerodha trading and demat account, this mapping occurs automatically on the backend systems of exchanges (NSE and BSE), depositories (CDSL), and clearing corporations.
Multiple broker accounts
If you have trading accounts with multiple brokers, your Zerodha demat account gets mapped to all your unique client codes. For example, if you have 5 trading accounts with 5 different stockbrokers (including Zerodha), your Zerodha demat account will be mapped to 5 different Unique Client Codes.
When delinking occurs
The mapping between your UCC and demat account changes when any broker modifies your UCC status. When another broker changes your client ID status from Active to Inactive or Closed, the system automatically delinks that UCC from your Zerodha demat account.
CDSL sends you an email notification whenever this delinking occurs. In the email, 'V' stands for Verified and 'D' stands for Delinked.
These changes do not affect your trading activity with Zerodha. CDSL informs you about system changes the day after they occur, which is why you receive these notification emails.